TrueCar in the News

TrueCar Press Releases and Blog

Industry

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Automotive News

· The car that will launch in Korea will be sold around the world – but declined to comment specifically about the US
· Sales have surged 36% last year
· The rear-wheel-drive halo car could slot in above the Optima to provide a premium vehicle

NY Times

· Acronym for the Cadillac UserExperience – it features an 8-inch LCD touch screen
· The CUE system will be familiar to anyone who is used to tapping, scrolling, or swiping their finger
· The screen can sense when your hand is getting close and will fully illuminate
· It can link as many as 10 devices and will have an app store when released to the public

MSNBC

· Insure.com released its annual rankings and the cheapest vehicles to insure were two Toyota Sienna models with an average annual insurance rate of $1,111 and $1,114
· The most expensive car to insure was the Audi R8 Spyder Quattro Convertible and the Mercedes CL600
· In 2011 the Chrysler Town and Country LX had the lowest rate

USA Today

· If 10,000 electrics were sold in a year the program would cost taxpayers about $100 million a year
· Obama’s proposed budget would boost the subsidies from where they are currently, at $7,500 to $10,000..

Detroit News

· Capital Research Global Investors – a LA based investment management firm has acquired 5% of GM’s shares
· Capital Research is part of Capital Group Companies, the information was documented in a filing with the SEC.